South Plains Financial (SPFI) Debt Ratio (2018 - 2026)
South Plains Financial's (SPFI) Debt Ratio stood at 0.01 in Q2 2026, down 42.6% from 0.01 a year earlier and down 13.8% from the prior quarter.
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Analysis
South Plains Financial (SPFI) Debt Ratio (2018 - 2026) Analysis & Trends
Starting with Q4 2018, South Plains Financial's Debt Ratio history includes 31 quarters.
- Annual Debt Ratio has declined for three straight years.
- Across earlier years, Debt Ratio came in at 0.03 in FY2024 (-0.5%), 0.03 in FY2023 (-15.5%), 0.03 in FY2022 (+59.7%) and 0.02 in FY2021 (-31.6%).
- The Q2 2026 figure is the lowest quarterly Debt Ratio in data going back to Q4 2018.
- On a year-over-year basis, Debt Ratio has declined for 14 consecutive quarters, with an average decline of 22.0% over the last eight quarters.
- Peak year-over-year performance for Debt Ratio in the last five years was growth of 59.7% in Q4 2022, against a decline of 48.2% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.01 (Q1 2026), 0.01 (Q4 2025) and 0.01 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 918.91 Bn | 918.91 Bn | - | 0.10 |
| 2 | Banco Santander Chile | 870.35 Bn | 846.93 Bn | - | 0.66 |
| 3 | Bank Of America | 358.55 Bn | -2,017.56 Bn | - | 0.11 |
| 4 | Hsbc Holdings | 315.74 Bn | -668.95 Bn | - | - |
| 5 | Morgan Stanley | 290.88 Bn | -253.14 Bn | - | 0.23 |
| 6 | Royal Bank Of Canada | 287.92 Bn | 137.98 Bn | - | - |
| 7 | Goldman Sachs | 270.57 Bn | -3,472.88 Bn | - | 0.20 |
| 8 | Wells Fargo & Company | 258.79 Bn | 258.79 Bn | - | 0.10 |
| 9 | Mitsubishi Ufj Financial | 247.94 Bn | 129.81 Bn | - | 0.08 |
| 10 | South Plains Financial | 809.93 Mn | -2.03 Bn | - | 0.01 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.01 |
| Jun 30, 2026 | 0.01 |
| Mar 31, 2026 | 0.01 |
| Dec 31, 2025 | 0.01 |
| Sep 30, 2025 | 0.01 |
| Jun 30, 2025 | 0.01 |
| Mar 31, 2025 | 0.01 |
| Dec 31, 2024 | 0.03 |
| Sep 30, 2024 | 0.01 |
| Jun 30, 2024 | 0.02 |
| Mar 31, 2024 | 0.02 |
| Dec 31, 2023 | 0.03 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.03 |
| Sep 30, 2022 | 0.02 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.02 |
| Dec 31, 2021 | 0.02 |
API Access
South Plains Financial Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=SPFI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "SPFI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=SPFI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();